The SEC’s order found that JPMorgan improperly provided ADRs to brokers in thousands of pre-release transactions when neither the broker nor its customers had the foreign shares needed to support those new ADRs. Such practices resulted in inflating the total number of a foreign issuer’s tradeable securities, which resulted in abusive practices like inappropriate short selling and dividend arbitrage that should not have been occurring.
We look at ourselves as a
quantitative hedge fund and liquidity provisioning being a business line, and
that we have investor capital in
terms of AUM and one of our businesses is we provide liquidity in global foreign exchange markets five and a half days a week 24 hours a day in 31 currency pairs.
Understanding why interest rates might rise and fall, can help you make more informed financial decisions.
The green back has appreciated over 20% against other currencies since July 2014 in anticipation of a rate hike. A strong dollar is a positive for consumers buying goods or traveling overseas, but the flipside is that a strong dollar ends up hurting American exporters.
Bitcoin, blockchain technology has changed my life; it has made me a
multi-millionaire; today, it is the
biggest opportunity that I've come across, since the advent of the internet and social media combined.
Based on our team's analysis, if you look at the 5-year versus the 2-year bond spread, the yield curve looks like it's in neutral territory; it's on its way to inverting, but that's still a while off.
Bitcoin will mint new millionaires in 2019